Annexure I, PDF page 5; terms of sale 3.1 and 3.3, PDF page 15; NBCC’s October 2025 bid document, PDF pages 3–5
What exactly is NBCC selling?
Plot GH-3B in Ghaziabad Development Authority’s Koyal Enclave Group Housing Scheme: 5,766.84 sqm of vacant, freehold land for group housing, sold “as is where is”. NBCC owns it — GDA allotted it to NBCC on 18 Apr 2015 and the sale deed was executed on 15 Jul 2017 — and sells the whole plot as one lot. Annexure I prints its neighbours: NBCC’s own plot GH-02 to the north, a 45 m road to the east, a 24 m road to the south and plot GH-3A to the west. NBCC offered the same plot a year ago: its bid document NBCC/CGM/GZB/2025/10 scheduled an e-auction for 29 Oct 2025 at a ₹27,10,41,000 reserve, ₹1,09,59,000 below this round’s. Neither document says how that round ended.
Instructions 1.0 (iii)–(iv), 2.1(G)–(H); terms of sale 3.11, 3.15 and 3.18 · PDF pages 11–19
How can a bidder lose money here?
In the order it can happen. Withdrawing or changing a bid after bidding ends forfeits the ₹56,40,000 deposit, and so does missing the 10% payment within 72 hours. A consortium that changes its members before the transfer, or a bidder who also bids inside a consortium, lets NBCC cancel and forfeit the deposit and every other amount paid. After NBCC’s bid acceptance letter the buyer may cancel only until everything is paid: within 15 days it forfeits the deposit, and after 30 days it costs 10% of the price plus GST. The table says nothing about days 16 to 30, and NBCC takes no cancellation once all amounts are paid. An instalment more than three months late lets NBCC cancel and resell, refunding the rest without interest after those charges. Suppressing a fact, misrepresentation or a breach of the terms lets NBCC cancel, keep everything paid and take the plot back. And the buyer carries the outcome of the court case over GDA’s demand.
Notice item 6, PDF page 3; terms of sale 3.15, PDF page 17; NBCC’s October 2025 bid document, item 6 and clause 3.15
Is the deposit ₹56,40,000 or ₹54,20,000?
The notice prints ₹56,40,000, in figures and words — exactly 2% of the reserve, the same 2% NBCC sets for its Meerut plot the same day. The payment table in clause 3.15 prints ₹54,20,000 for the same deposit. That table line is unchanged, word for word, from NBCC’s October 2025 document for this plot, whose notice set that round’s deposit at ₹54,21,000 on a ₹27,10,41,000 reserve. Pay the amount the eNivida portal asks for, and confirm it with NBCC at the pre-bid meeting.
Terms of sale 3.1 · PDF page 15; NBCC’s October 2025 bid document, clause 3.1
What is the court case, and who carries it?
In 2019 GDA raised a demand of about ₹3.64 crore on the plot for infrastructure and corner charges. NBCC challenged it in a writ petition before the Allahabad High Court, which the document describes as “under objection”; it gives no case number and no hearing date. NBCC’s October 2025 document for this plot described the same petition as “under objection before Registry” of the court. The winning bidder must apply to the court to replace NBCC as petitioner, and is then “fully responsible for the outcome”, including any consequential liabilities. Budget for the possibility of paying that demand on top of the bid, and ask NBCC for the case papers at the pre-bid meeting.
Instructions 2.1(H) and 2.3.0; terms of sale 3.7, 3.15 and 3.21 · PDF pages 13–20
What does the winner pay, and when?
Within 72 hours of the e-auction, excluding bank holidays, 10% of the bid plus any applicable GST, less the deposit — by demand draft, pay order or banker’s cheque payable at New Delhi, or by bank transfer once NBCC gives its details, without waiting to be asked. NBCC then decides whether to accept the bid, which stays open for that decision for 150 days. From the date of NBCC’s bid acceptance letter, 40% falls due within 30 days and the last 50% within 60 days, each with any applicable GST — the document asks bidders to take their own advice on whether GST applies. No separate demand letter is sent. A late instalment carries simple interest at the State Bank of India’s highest marginal cost of funds based lending rate (MCLR) plus 1%, with GST on that interest — and paying the instalment without its interest does not stop the charge: the unpaid interest itself carries interest at the same rate from the day that instalment was paid. The plot is handed over only after everything is paid.
Instructions 1.0 (i)–(v); terms of sale 3.22 (x); Annexures IV and VI · PDF pages 11, 21, 22 and 32
Who can bid, and can bidders team up?
Individuals; registered firms, registered trusts and registered co-operative societies; public and private limited companies; partnership firms registered with the appropriate authorities; and government departments and public-sector undertakings — each also legally competent to contract under Indian law. Up to four may bid as a consortium led by an Indian individual or Indian company, each member signing an undertaking on ₹100 stamp paper in the lead partner’s favour. Someone bidding alone cannot also sit in a consortium, and a consortium cannot change its members until the transfer is complete; breaking either rule lets NBCC cancel and forfeit the deposit and any other amounts paid. Anyone terminated or blacklisted in an earlier property auction by a government body, public-sector undertaking, RERA, statutory body or NBCC in the last three years is barred, and every bidder files a notarised affidavit on ₹100 stamp paper.
Terms of sale 3.3, 3.20 and 3.22 (i), (v) and (vi) · PDF pages 15 and 20–21
What conditions follow the plot after the sale?
The buyer must follow GDA’s rules for using the plot, and the terms of GDA’s original allotment to NBCC apply to the buyer “mutatis mutandis” — with the necessary changes. The document does not reproduce those terms or publish a site plan or permissible floor area, so ask NBCC for GDA’s allotment letter of 18 Apr 2015 and the sale deed at the pre-bid meeting, and ask GDA what it charges to record the transfer from NBCC. Passing the plot to someone else before the conveyance deed needs the buyer’s request, NBCC’s discretion and its competent authority’s approval, and costs 2% of the sale value plus GST — ₹56,40,000 plus GST at the reserve, by our arithmetic — once all dues and interest are cleared. If NBCC cannot make that transfer, the buyer has no claim against it.
Notice items 9–11 and closing notes; instructions 2.1.0 and 2.3.0; application form · PDF pages 3–6 and 11–14; eNivida portal home
How do I take part?
Enrol as a bidder on RailTel’s eNivida portal for NBCC, then pay the ₹1,770 registration fee, the ₹17,700 auction-processing fee and the deposit through its online gateway — the deposit is accepted in no other form. Email your payment details, PAN and refund bank account to the NBCC address printed in the document. Only the highest bidder sends the signed application form, in hard copy within 72 hours of the close. NBCC says any corrigendum will appear only on its Buy Properties page, and asks bidders to download a fresh copy of the document after the deposit deadline. RailTel also runs free portal training on Mondays and Thursdays, on request.